Business – Page 32 – Irish Examiner USA

May 15, 2020 No Responses

Germany’s Economy Shrinks By Over 2% In First Quarter, Enters Recession

The German economy shrank by 2.2% in the first quarter compared with the previous three-month period as shutdowns in the country and beyond started to bite, official data showed. That means Europe’s biggest economy went into recession following a small...

May 13, 2020 No Responses

Many Independent Music Festivals May Never Recover From Lockdown

Independent music festivals might never recover from lockdown unless urgent action is taken by the UK Government, the sector has warned. The UK could face a festival “wasteland” in 2021 and beyond, according to its trade body, which says festivals...

May 12, 2020 No Responses

McDonald’s Plans to Reopen All Drive-Thru Stores In Ireland By June

McDonald’s has confirmed it will begin the phased reopening of restaurants in Ireland. It will reopen six restaurants in Dublin as drive-thru only from Wednesday, May 20. The reopening has been backed by Agriculture Minister Michael Creed. The location of...

May 11, 2020 No Responses

P&O Ferries Plans For Over 1,000 Redundancies To Make Business ‘Viable And Sustainable’

Around 1,100 workers at P&O Ferries are to be made redundant as part of a plan to make the business “viable and sustainable”, the company said. The proposal involves more than a quarter of the workforce losing their jobs. A...

May 11, 2020 No Responses

Starbucks To Reopen Almost 15% Of UK Stores On Thursday

Starbucks is to reopen around 150 stores across the UK from Thursday. The global coffee chain said it will open around 15% of its UK stores in the first phase of its reopening plans, which are predominantly focused on Drive...

May 11, 2020 No Responses

Heathrow’s Passenger Numbers Fall By 97% In April

Heathrow’s passenger numbers fell by 97% in April compared with the same month in 2019. The airport announced that it was used by just 206,000 travelers last month, which is “the same number it would typically serve in just one...

May 10, 2020 No Responses

Bars In The UK ‘In Limbo’ After Johnson Announces Lockdown Until July At The Earliest

Pubs and bars are still “in limbo” following Boris Johnson’s announcement that parts of the hospitality sector must remain closed until at least July. The British Prime Minister said that though he hoped some venues could begin to open within...

May 9, 2020 No Responses

Businesses Will Be Shut Down If They Don’t Comply With Regulations – Humphreys

Business Minister Heather Humphreys has said inspectors from the Health and Safety Authority (HSA) will be able to shut down workplaces which do not comply with new safety measures aimed at preventing the spread of Covid-19. She was speaking at...

May 6, 2020 No Responses

EU Exports Expected To Fall By €285bn Says EU Trade Commissioner

EU exports are expected to fall by around €285bn while imports will see a financial hole of around €240bn, the EU trade commissioner has said. Phil Hogan told the Institute of International and European Affairs (IIEA) that the EU’s export...

May 6, 2020 No Responses

Only A Third Of Belfast’s Businesses Eligible For Coronavirus Support

A third of Belfast businesses are eligible for Stormont’s coronavirus support, traders have said. Firms need ongoing help to help them through tough times, Belfast Chamber chief executive Simon Hamilton said. He told Stormont’s Economy Committee that the h...

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